Malaysian citizen, 50 years old and who resides in Malaysia. He was first appointed to the Board of Commissioners as President Commissioner of CIMB Niaga at the Extraordinary GMS on 26 January 2012 and the appointment became effective on 1 May 2012. He was reappointed to the position by the Annual GMS on 15 April 2016.
In addition, he has been the Chairman of CIMB Group since 1 September 2014 after 15 years as the Chief Executive of CIMB Group. Deputy Chairman CIMB Bank Berhad since 1 September 2014.
He is also a Director of Khazanah Nasional Berhad and a member of the Investment Panel of the Employee Provident Fund (EPF) and the International Advisory Board of the Blavatnik School of Government at the University of Oxford. He is also the Chairman of the EPF’s Investment Panel risk Committee. In 2015, he was honored with the prestigious ‘Asian Business Leaders Award’ by Asia House.
He graduated from the University of Bristol with a B.Sc. (Hons) and obtained an M.Phil. from the University of Cambridge.
In 2016, he attended Challenges of Government Conference at the Blavatnik School of Government (BSG) and the World Economic Forum (WEF) on ASEAN in Kuala Lumpur.
Dato’ Sri Nazir Razak has no affiliation with other BOC members, the Board of Directors, however he has affiliation with the majority shareholder and ultimate shareholders.
Dato’ Sri Nazir Razak President Commissioner
Glenn M. S. Yusuf
Vice President Commissioner
Indonesian citizen, 61 years old and who resides in Jakarta. He was first appointed to the Board of Commissioners in April 2010 and then as Deputy President Commissioner of CIMB Niaga at the Extraordinary GMS on 26 January 2012, effective 18 June 2012, and was re-appointed by the Annual GMS on 15 April 2016.
He is also a member of CIMB Niaga’s Risk Oversight Committee.
Currently, since January 2010, he is also a Non-Executive Independent Director of CIMB Group Holdings Berhad, Malaysia and an Independent Commissioner of PT Surya Citra Media Tbk since 2012.
He previously held several key positions including President Commissioner of PT Polyprima Karyareksa (June 2004 - 2010), President Director/CEO of PT London Sumatera Indonesia Tbk (June 2003 - May 2007), President Director of PT (Persero) Danareksa (1995 - 2001), Director of PT Bahana Pembinaan Usaha Indonesia (1994 - 1995), and Finance Director of PT Bank Niaga Tbk (1991 - 1994).
In terms of Governmental positions, he was the Head of the Assistance Team of the Finance Ministry for Financial Sector restructuring, the Finance Department of the republic of Indonesia, from October 2001 to October 2002; the Head of the Indonesian Bank restructuring Agency (BPPN) from June 1998 to January 2000; and the Director General of Financial Institutions of the Finance Ministry from April to June 1998.
He obtained a Bachelor of Arts degree in Economics from the University of Philippines, Manila, and a Masters degree in Business from the Asian Institute of Management, Makati, Philippines.
In 2016, Mr. Glenn Yusuf attended the following training programs:
Risk Appetite Workshop for BOD of CIMBGH/CIMB Bank/CIMB Investment & CIMB Islamic and In-depth Presentation of ASEAN Corporate Governance Scorecard held by IICD.
Malaysian citizen, 66 years old and who resides in Malaysia. He was appointed as an Independent Commissioner of CIMB Niaga at the Extraordinary GMS on 18 July 2008, and was re-appointed by the Annual GMS on 15 April 2016.
He is also the Chairman of the Audit Committee and Chairman of the Risk Oversight Committee.
His previous positions include Independent Commissioner of PT Bank Lippo Tbk in 2005 - 2008, Director of Corporate Planning/
Corporate Structure in Public Bank Group Malaysia in 1993 - 2005, Investment Advisor in Enterprise Malaysia-Canada in 1990 - 1993, Group Administration and Controller in Austral Enterprise Berhad in 1988 - 1990, Corporate Planning and Development Manager in Island & Peninsular Berhad in 1985 - 1988, and Lecturer and Deputy Dean of University of Science Malaysia, Penang in 1976 - 1983.
He completed an MBA degree at Dalhousie University, Nova Scotia, Canada, and MSc at the University of British Columbia, Vancouver, Canada.
In 2016, he attended the following training Khazanah Megatrend Forum, 4th Annual Future of Banking & Financial Services Conference and In-depth Presentation of ASEAN Corporate Governance Scorecard.
Zulkifli M. Ali has no affiliation with other BOC members, the Board of Directors, as well as the majority shareholder and ultimate shareholders.
In relation with his reappointment as Independent Commissioner of more than 2 (two) periods, he has declared himself to remain independent in the Annual General Meeting of Shareholders dated 15 April 2016.
Zulkifli M. Ali
Independent Commissioner
Pri Notowidigdo
Independent Commissioner
Indonesian citizen, 69 years old and who resides in Jakarta.
He was appointed as an Independent Commissioner at the Extraordinary GMS on 28 March 2013, effective 26 November 2013 and reappointed by the Annual GMS on 15 April 2016.
He is also the Chairman of the Nomination and Remuneration Committee.
Currently, he is the President Director PT Profesindo Reksa Indonesia; Partner Advisor at Arghajata Consulting Jakarta;
Member of the National Committee on Governance (NCG).
In addition, he previously was a member of the Nomination and remuneration Committee of Bank Muamalat Jakarta; Country Advisor, Melbourne Business School (MBS), Human Resources Development Advisor at IMF, Jakarta; Financial Services Advisor, at the Zuellig Group Financial Services; and member of the Nomination and Remuneration Committee at Semen Gresik Group. He was Chairman & CEO Amrop Indonesia, President Director TASA International, Partner KPMG, Manager Price Waterhouse and Planner & Project Officer, Indonesia Desk Bilateral Program, Canadian International Development Agency (CIDA), Hull, Quebec, Canada.
He completed Honours Bachelor of Political Science & Psychology at Carleton University, Ottawa, Canada in 1974.
In 2016, he attended the In-depth Presentation of ASEAN Corporate Governance Scorecard held by IICD and was a speaker on Strategic Leadership & Stakeholder Management in the Learn from the Master held by CIMB Niaga.
Pri Notowidigdo has no affiliation with other BOC members, the Board of Directors, as well as the majority shareholder and ultimate shareholders.
Board of Commissioners Profiles
Indonesian citizen, 56 years and who resides in Bandung.
Appointed as Independent Commissioner of CIMB Niaga at the Annual GMS on 15 April 2016 and effective on September 14, 2016.
She is also a member of the Nomination & Remuneration Committee.
She currently serves as Director of the Centre for Sustainable Development Goals Studies at the University of Padjadjaran, Lecturer, Faculty of Economics and Business since March 1988 and from May 2005 until now serves as Professor of the University of Padjadjaran. Since 2015, she serves as a member of the Academy of Sciences of Indonesia, as well as the Governing Board of the Economic Research Institute for ASEAN and East Asia representing the Indonesian government.
She served as an Independent Commissioner of PT Asuransi Jiwa Bringin Jiwa Sejahtera (March 21 to June 30, 2016). In government, she served as Minister/Head of Bappenas in the Ministry of National Development Planning/Bappenas period October 2009 until October 2014.
She holds a PhD from the University of Washington, USA, MA from Northwestern University, USA and a Bachelor of Economics from the Faculty of Economics, Universitas Padjadjaran.
Training attended by Mrs. Armida Alisjahbana in 2016 included In- depth Presentation of ASEAN Corporate Governance Scorecard organized by IICD and Master Class – Risk Governance Training
& Certification.
Armida S. Alisjahbana has no affiliation with other BOC members, the Board of Directors, as well as the majority shareholder and ultimate shareholders.
Armida S. Alisjahbana Independent Commissioner
Jeffrey Kairupan
Independent Commissioner
Indonesian citizen, 60 years and who resides in Jakarta. Appointed as Independent Commissioner CIMB Niaga at the Annual GMS on 15 April 2016 and effective since September 14, 2016.
He also serves as Chairman of the Integrated Governance Committee and Member of the Audit Committee.
Previously, at Bank Indonesia, he served in several positions, among others, the Expert Staff of the Board of Governors (February 2014 - September 2014), the Executive Director of the International Department (February 2013 - February 2014), Head of the Research Centre for Education and Central Banking Studies (February 2012 - January 2013), Head of the Regional Office BI Denpasar (September 2009 - February 2012), Head of BI Manado (December 2006 - September 2009), Head of Balance of Payments (April 2005 - December 2006), Economic Researcher in areas such as Money Market Development, Macroeconomics Study, Analysis & Policy Planning and staff to Governors in April 1987 to April 2005. previously, he was a member of DKI Masterplan or Economic Development team in 1985-2005, in Hasfarm Dian Consultant (August 1985 - April 1986), in addition, he was a guest lecturer at the Faculty of Economics at the various State and Private Universities within and abroad from 1994 until 2014.
He has also been very active in various social humanitarian and community service organizations.
He received an MBA degree from George Washington University, Washington DC, USA and a Bachelor of Economics from Universitas Indonesia, Jakarta.
In 2016, he attended the In-depth Presentation of ASEAN Corporate Governance Scorecard organized by IICD and Master Class – Risk Governance Training & Certification organized by Enterprise Risk Management Academy (ERMA).
Jeffrey Kairupan has no affiliation with other BOC members,
American citizen, 57 years old and who resides in Malaysia. He was appointed as Commissioner at the Extraordinary GMS on 27 March 2014, reappointed by the Annual GMS on 15 April 2016.
He also serves as member of the Risk Oversight Committee.
Currently, he also serves as Chief Risk Officer at the CIMB Group, as well as being a Director of the International School of Kuala Lumpur (non-profit), GK1World (non-profit), and Commissioner of PT Synergy Dharma Nayaga. Prior to joining the CIMB Group in 2012, he served as the Chief risk Officer - Asia Pacific for the Royal Bank of Scotland (RBS) and Chief Credit Officer - Asia Pacific for Bank of America. He began his career at Wells Fargo Bank in California, USA. He has held various senior level risk positions based in Singapore, Hong Kong, Thailand, and Taiwan during his 23-year tenure in Asia.
He graduated from Whitman College, Washington State, USA.
In 2016 Mr. David Richard Thomas attended the In-depth Presentation of ASEAN Corporate Governance Scorecard organized by IICD and Risk Posture Workshop with Combined Board Risk Committee.
David Richard Thomas has no affiliation with other BOC members, the Board of Directors, however he has affiliation with the majority shareholder and ultimate shareholders.
David Richard Thomas Commissioner
Ahmad Zulqarnain Onn Commissioner
Malaysian citizen, 44 years old and who resides in Malaysia.
He was appointed as Commissioner of CIMB Niaga at the Extraordinary GMS on 27 March 2014, effective 15 September 2014.
He is also a member of the Nomination and Remuneration Committee.
Currently, he also serves as Executive Director, Investment/Head Strategic Management Unit at Khazanah Nasional Berhad and Board of Director of CIMB Bank Berhad.
He began his career at UBS Warburg as Equity research Analyst through the UBS’s Global Graduate Training Programme. He is also a member of the Corporate Planning Team at the Pengurusan Danaharta Nasional Berhad (Danaharta), Malaysia’s Debt Resolution Agency established during the Asian financial crisis of 1997. He was the first Managing Director/Chief Executive at Danajamin Nasional Berhad. He joined Investment Banking Team at the CIMB Group prior to his appointment in the Corporate Debt Restructuring Committee (CDRC). He also serves as Director at the Symphony House Berhad and Executive Director at the Bolton Berhad.
He holds a Bachelor of Arts in Economics from Harvard University, USA.
Training attended in 2016 included Continuing Professional Education organized by the Asia School of Business, the International Forum of Sovereign Wealth Funds (IFSWF) and 8th Southeast Asia Institutional Investment Forum & Institutional Excellence Awards. He also became a speaker in the 12th World Islamic Economic Forum in Jakarta.
Ahmad Zulqarnain has no affiliation with other BOC members, the Board of Directors, however, he has affiliation with the